Metrics4 min read
12 Trading Performance Metrics Every Forex Trader Should Track
Win rate, profit factor, expectancy, drawdown, average R and more: what each trading metric means, how to calculate it, and what a good value looks like.
Metrics
Trading metrics explained: win rate, profit factor, expectancy, R-multiples and more, with formulas and worked examples.
Metrics3 min read
Profit Factor Explained: Formula, Examples and What Counts as Good
Profit factor is gross profit divided by gross loss. Learn how to calculate it, what a good profit factor is for forex traders, and its blind spots.
Metrics3 min read
Trading Expectancy: The Formula That Tells You If You Have an Edge
Expectancy combines win rate and risk-reward into one number: what you make per trade on average. Formula, examples, and the break-even win rate table.
Metrics3 min read
R-Multiples Explained: Measure Every Trade in Units of Risk
An R-multiple is a trade's result divided by its initial risk. Learn how to calculate R, why it beats dollar P&L for reviewing trades, and how to use it.